02/21/2020
The Net Investment Method is a concept imported from United States law and applied in that jurisdiction where the liquidating entity was implicated in the fraud.
02/21/2020
Over the past 50 years, the BMA has met the changing needs of the financial services sector on a local and global scale.
02/21/2020
The Council’s code of conduct group on business taxation monitors that jurisdictions enact the necessary reforms by the agreed deadlines.
02/20/2020
Directors agree a risk policy and risk appetite statement, which chimes with their strategy and business plan, ensuring this is communicated with all relevant employees.
02/20/2020
Following a second investigation into Louvre by the Bailiwick’s financial watchdog
02/20/2020
Banks should be able to understand the general principles of tax planning and international tax structuring in order for them to perform their services in an efficient and effective manner.
02/20/2020
Those on the blacklist face reputational damages, higher scrutiny in their financial transactions and risk losing EU funds.
02/20/2020
The two organisations aim to develop joint supervisory methods
02/20/2020
The MoU with the Croatian Financial Services Supervisory Agency has been signed in the spirit of mutual cooperation and information exchange
02/19/2020
On 18 February 2020, the Economic and Financial Affairs Council announced that the British Virgin Islands has moved to the ‘whitelist’, indicating that the BVI is now in line with tax governance and transparency standards prescribed by the EU.
02/19/2020
The Economic and Financial Affairs Council has announced that Bermuda has moved to the “whitelist” following efforts over the past months to implement legislative changes that comply with the EU’s tax governance principles.
02/19/2020
On 18 February 2020, the ECOFIN committee of the European Union resolved to move the Cayman Islands to the EU's Annex I list of non-cooperative jurisdictions for tax purposes.
02/19/2020
The changes, which are not yet in force, are consistent with Guernsey's alignment to general principles of UK corporate insolvency processes, while providing welcome flexibility and simplification.
02/19/2020
South African managers also make significant use of Guernsey’s pioneering protected cell and incorporated cell structures for their offshore funds.
02/19/2020
They weren’t even allowed to study the profession.
02/18/2020
All existing licensees (ie licensees holding a licence prior to 13 November 2019) have until 1 July 2020, to comply with the new requirements under the RC09
02/18/2020
The audited financial statements must then be filed with CIMA together with a prescribed form annual return within 6 months of the fund’s financial year end.
02/18/2020
Jurisdictions that do not yet comply with all international tax standards but committed to reform are considered cooperative and included in a state of play document (Annex II).
02/14/2020
Commission vice-president Valdis Dombrovskis has said the commission is “committed to working on an efficient and ambitious supervisory architecture to tackle money laundering”.
02/13/2020
Antigua allows dual citizenship and does not require you to renounce your previous citizenship.